it is mortgage payment, property taxes, property insurance pb possibly pmi if you're not putting 20% down and maintenance. you need to add 40% to your mortgage so that's $1400 a month and that's probably what it will cost to you buy a home per month. but it is not just that tyler. it is, is your job stable? do you have 20% to put down? can you afford a 15 or 30-year fixed rate mortgage and do you have an eight-month emergency fund besides the 20% to put down? if all that is true, okay. you can buy if it is not, you better continue. >> diana, i used to have a rule of $300. anything that went wrong in my house was $300. that was a long time ago. today is a $1,000. you better be able to take care of that. those expenses, because they happen. >> i think renters who never owned a home are very unrealistic what it really costs to own a home. not only do you have to buy a home but when you buy a home, there are closing costs. you have to pay to move in. then you want your house to look good because it is a brand new house so you go out and by new furniture. before you know it, you're in deb